ALTITUDE LETS LTD

💤Zombieactive
14413249 · ltd · incorporated 2022-10-12
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 0.1y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 0.1 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£4k£9k£13k£18k£22kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£26.2k
Current assets£13.0k
Net assets£22.3k
Average employees0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 mortgage
Last 180 days
1
filing
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-04-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-04-28
    🔒
    Charge registered #1
    Lender: Paragon Bank PLC
  3. 2025-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-10-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  5. 2025-10-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-10-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-10-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-12-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-10-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-02-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2022-10-12
    🏢
    Company incorporated
    As ALTITUDE LETS LTD
  12. 2022-10-12
    BARROW, James David appointed
    director
  13. 2022-10-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Altitude Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Altitude Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
ALTITUDE LETS LTD
This company · 14413249

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Altitude Holdings Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting12/10/2022
Mr James David Barrow
Individual · British · DOB 04/1992 · age 34
sig. influencesignificant influence12/10/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2022-10-12
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

38 Brougham Hayes
Bath
BA2 3QU
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-25
Last: 2025-10-11

Officers (1 active · 0 resigned)

BARROW, James David
director · ~34y · appointed 2022-10-12
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property28/04/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (13 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-27
change-person-director-company-with-change-date
officers · CH01
2025-10-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-02-27
incorporation-company
incorporation · NEWINC
2022-10-12